Economics at Wayne State University
If you plan to study Economics, take a look at what Wayne State University. Get started with the following essential facts.
Wayne State University is in Detroit, MI.
During the most recent reporting year, 32 economics degrees were awarded at Wayne State University.
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Online & Distance Learning at Wayne State University
Distance learning is available at Wayne State University. Among 23,803 students, 3,013 (13%) were enrolled entirely in distance education and 10,784 (45%) took at least some classes online.
Economics Rankings at Wayne State University
Rankings can help you compare Wayne State University’s Economics program against other schools offering the same major.
Master’s-Level Rankings
| Ranking | Scope | Rank |
|---|---|---|
| Best Value | Michigan | #4 of 10 |
| Best Schools (Quality) | Michigan | #5 of 10 |
| Best Value | Great Lakes (Region) | #16 of 57 |
| Best Schools (Quality) | Great Lakes (Region) | #46 of 57 |
| Best Value | Nationwide | #185 of 463 |
| Best Schools (Quality) | Nationwide | #373 of 466 |
Doctoral-Level Rankings
| Ranking | Scope | Rank |
|---|---|---|
| Best Value | Michigan | #4 of 10 |
| Best Schools (Quality) | Michigan | #5 of 10 |
| Best Value | Great Lakes (Region) | #16 of 57 |
| Best Schools (Quality) | Great Lakes (Region) | #46 of 57 |
| Best Value | Nationwide | #185 of 463 |
| Best Schools (Quality) | Nationwide | #373 of 466 |
Earnings for Economics Graduates from Wayne State University
Those who finish Wayne State University’s Economics program report the following median earnings (per the U.S. Department of Education’s College Scorecard):
| Years After Graduation | Median Earnings |
|---|---|
| 1 year | $35,437 |
| 2 years | $43,798 |
| 4 years | $73,856 |
| 5 years | $65,866 |
How does this compare to the school overall? At the four-year mark, Economics graduates from Wayne State University earn a median of $73,856, compared with $68,128 for all Wayne State University graduates — about 8% higher than the school-wide median.
Median Debt at Graduation
Typical debt at graduation for Economics graduates from Wayne State University comes in at $24,681.
Student Demographics & Diversity
The following sections describe the student demographics for Economics graduates at Wayne State University, broken down by degree level.
Program-wide, Economics graduates at Wayne State University are 44% women (14) and 56% men (18).
Economics Bachelor’s Program at Wayne State University
Of the 17 bachelor’s economics degrees awarded at Wayne State University, 35% were women (6) and 65% were men (11).
The following table and chart show the race/ethnicity of Economics bachelor’s degree recipients at Wayne State University.
| Race / Ethnicity | Number of Graduates |
|---|---|
| White | 8 |
| Hispanic / Latino | 3 |
| Black / African American | 3 |
| Asian | 1 |
| International (Nonresident) | 2 |
Racial-ethnic minorities make up 41% of Economics bachelor’s degree recipients at Wayne State University, above the national average of 34%.*
Economics Master’s Program at Wayne State University
Of the 9 master’s economics degrees awarded at Wayne State University, 33% were women (3) and 67% were men (6).
The following table and chart show the race/ethnicity of Economics master’s degree recipients at Wayne State University.
| Race / Ethnicity | Number of Graduates |
|---|---|
| White | 3 |
| Asian | 1 |
| International (Nonresident) | 5 |
Racial-ethnic minorities make up 11% of Economics master’s degree recipients at Wayne State University, lower than the national average of 14%.*
Economics Doctoral Program at Wayne State University
Among the 4 doctoral economics graduates at Wayne State University, 75% were women (3) and 25% were men (1).
The following table and chart show the race/ethnicity of Economics doctoral degree recipients at Wayne State University.
| Race / Ethnicity | Number of Graduates |
|---|---|
| White | 2 |
| Asian | 1 |
| International (Nonresident) | 1 |
Racial-ethnic minorities make up 25% of Economics doctoral degree recipients at Wayne State University, higher than the national average of 11%.*
*The racial-ethnic minorities figure is the total number of graduates minus White, international (nonresident), and unknown-race graduates.
More Specific Economics Concentrations at Wayne State University
This Economics program at Wayne State University includes the following sub-specializations:
| Concentration | Graduates |
|---|---|
| General Economics | 31 |
| Quantitative Economics | 1 |
Best-Paid Careers for Economics Graduates
Graduates of the Economics program at Wayne State University pursue many career paths. Below are the best-paid careers for Economics graduates, ordered by median annual salary:
| Occupation | Nationwide Median Wage |
|---|---|
| Wind Energy Development Managers | $169,952 |
| Loss Prevention Managers | $165,723 |
| Business Intelligence Analysts | $143,840 |
| Statisticians | $130,349 |
| Market Research Analysts and Marketing Specialists | $124,518 |
| Wind Energy Operations Managers | $122,567 |
| Biostatisticians | $121,594 |
| Compliance Managers | $117,178 |
| Survey Researchers | $108,538 |
| Data Scientists | $106,295 |
References
- IPEDS — Integrated Postsecondary Education Data System
- U.S. Department of Education — College Scorecard
- O*NET Online (Bureau of Labor Statistics)
- National Center for Education Statistics
More about our data sources and methodologies.